Did you fall for a flashy sales pitch and buy an expensive auto insurance policy? You’re in good company because there are many people just like you. Multiple insurers compete to insure your vehicles, so it’s not easy to compare every insurer to get the lowest price
Consumers need to get comparison quotes quite often since insurance rates trend upward over time. Just because you had the best premium rates for ATS coverage on your last policy you will most likely find a better price today. Forget all the misinformation about auto insurance because I’m going to let you in on the secrets to the things you must know in order to save money, get proper deductibles and limits, all at the lowest rate.
Consumers need to have an understanding of the factors that go into determining insurance coverage rates. If you have a feel for what determines base rates, this empowers consumers to make smart changes that will entitle you to lower rates. Many things are considered when pricing auto insurance. Most are fairly basic like a motor vehicle report, but other factors are more obscure such as your marital status or how safe your car is.
There are a variety of methods to compare car insurance prices but there is one way that is more efficient than others. You could spend your day driving to insurance companies in your area, or you could use online quotes to get the quickest rates.
Many of the larger companies belong to a marketplace where insurance shoppers submit their information once, and each participating company returns a rated price. This prevents consumers from doing quote forms to each individual car insurance company. To access this free quoting program, click here to start a free quote.
One minor caviat to doing it this way is buyers cannot specifically choose which providers to get quotes from. If you prefer to choose specific insurance companies to compare, we have assembled a list of car insurance companies in your area. View list of insurance companies.
Take whichever approach you prefer, but make sure you are using the same quote information on every price quote you get. If your comparisons have mixed coverages it will be impossible to make a fair rate comparison.
Car insurance companies don’t always publicize all available discounts in an easy-to-find place, so below is a list a few of the more well known as well as the least known discounts that may be available.
As a disclaimer on discounts, most discount credits are not given to the entire cost. Some only apply to individual premiums such as comp or med pay. So even though they make it sound like you can get free auto insurance, it just doesn’t work that way.
Some of the larger companies who might offer some of the above discounts may include but are not limited to:
It’s a good idea to ask all the companies to give you their best rates. Some discounts might not be offered in your state. To view insurers who offer cheap auto insurance quotes, click this link.
When it comes to choosing proper insurance coverage for your personal vehicles, there really is no single plan that fits everyone. Everyone’s situation is unique so your insurance should reflect that For example, these questions could help you determine whether your personal situation could use an agent’s help.
If you don’t know the answers to these questions but you know they apply to you then you might want to talk to a licensed agent. If you want to speak to an agent in your area, take a second and complete this form or you can also visit this page to select a carrier It’s fast, free and can help protect your family.
Understanding the coverages of your insurance policy aids in choosing the best coverages and proper limits and deductibles. Policy terminology can be impossible to understand and nobody wants to actually read their policy. Below you’ll find the usual coverages found on most insurance policies.
Liability coverages – Liability insurance protects you from damage that occurs to people or other property that is your fault. It protects you against other people’s claims, and doesn’t cover damage to your own property or vehicle.
It consists of three limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have values of 50/100/50 that means you have $50,000 bodily injury coverage, a per accident bodily injury limit of $100,000, and $50,000 of coverage for damaged propery. Alternatively, you may have a combined single limit or CSL which combines the three limits into one amount and claims can be made without the split limit restrictions.
Liability can pay for things like bail bonds, pain and suffering and medical expenses. How much liability coverage do you need? That is your choice, but it’s cheap coverage so purchase as much as you can afford.
Uninsured Motorist or Underinsured Motorist insurance – This coverage provides protection from other drivers when they either are underinsured or have no liability coverage at all. Covered claims include hospital bills for your injuries and damage to your Cadillac ATS.
Since a lot of drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Most of the time your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.
Insurance for medical payments – Medical payments and Personal Injury Protection insurance pay for bills for things like dental work, rehabilitation expenses, doctor visits, surgery and prosthetic devices. The coverages can be used in conjunction with a health insurance program or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants in addition to getting struck while a pedestrian. PIP coverage is only offered in select states and may carry a deductible
Comprehensive coverage (or Other than Collision) – Comprehensive insurance covers damage that is not covered by collision coverage. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.
Comprehensive insurance covers things such as hitting a deer, falling objects, fire damage and vandalism. The highest amount you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.
Collision coverage – Collision coverage will pay to fix damage to your ATS caused by collision with an object or car. You have to pay a deductible then your collision coverage will kick in.
Collision can pay for claims such as hitting a mailbox, hitting a parking meter, scraping a guard rail and driving through your garage door. Collision is rather expensive coverage, so consider removing coverage from vehicles that are older. It’s also possible to increase the deductible to bring the cost down.
We just showed you a lot of ways to reduce 2013 Cadillac ATS insurance prices online. The key concept to understand is the more quotes you get, the better your comparison will be. Drivers may discover the best price on car insurance is with the least-expected company. They may cover specific market segments cheaper as compared to the big name companies such as Progressive or Geico.
When trying to cut insurance costs, make sure you don’t sacrifice coverage to reduce premiums. There have been many situations where an insured dropped liability limits or collision coverage to discover at claim time they didn’t have enough coverage. Your focus should be to get the best coverage possible at an affordable rate while not skimping on critical coverages.
Additional detailed information is located in the articles below:
Checking in from Oklahoma City, OK. Quoted quotes from Liberty Mutual, American Family, Sentry, and a couple others for my Cadillac and I think I saved around $40 each month. Was with Safeco.
I found pretty cheap rate quotes for a 2013 Cadillac ATS in Nampa, Idaho. Ended up at about $440 every six months with American Family. Left MetLife to switch.
If you’re a decent driver and live near Virginia Beach, Virginia, check out State Farm. They seem to be cheaper. I increased coverages a little too.
If you have a clean record and live in the vicinity of Gulfport, MS, check out Progressive. They seem to be cheaper. Insured with Progressive before. I get multi-vehicle and multi-policy discounts. God forbid I actually have a claim.
I think GEICO has low rates in Hawaii. For me anyway.
Are Allstate or Allstate rates cheaper in Virginia?
Lots of useful info here. Proud to be from Jackson, Mississippi. Quoted quotes with AIG Insurance, Sentry, and Travelers for my Cadillac and I think I saved around $30 each month. Left Liberty Mutual to switch. Ask about discounts. It’s easy to compare rates online now.
I’m in the north part of Aurora, Colorado. Not sure of all the companies but I ended up saving about $20 each month. I’m a pretty low risk driver.
Thought I’d throw in my experience. From Chesapeake, VA. I got free prices from Progressive, Auto-Owners, and Encompass for my ATS and I’m now saving $44 a month. Insured with AAA before.